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United States Gasoline Fund Lp Newsroom
Oil Steady Ahead of OPEC+ Meeting as Cease-Fire Reduces Risks
Update: WTI Oil Falls Ahead of OPEC+ Weekend Meeting as Trump Threatens Tariffs on Canada and Mexico
Israel Agrees to Leganon Ceasefire Deal, Crude Oil Declines
OPEC+ Begins Talks on Delaying Oil Output Restart Again
WTI Drifts Lower to Near $68.50 on Possible Middle East Ceasefire Deal
Middle East tensions are easing! Israel and Hezbollah are reportedly close to reaching a ceasefire agreement.
① The Israeli national security cabinet will meet on Wednesday to approve the ceasefire agreement with Hezbollah, and the final text was confirmed on Monday; ② Affected by the easing of tensions in the Middle East, comex gold futures fell more than 3%, crude oil plummeted 3% during the day, and the usd dropped by 0.5%.
Trump Victory Forces Once Vocal Corner of Wall Street to Regroup
Oil Prices Set For Weekly Gain Amid Russia-Ukraine Tensions
UK Households Will Get Paid to Not Use Electricity
Commodity Roundup: Natural Gas Turns Out to Be More Sensitive to Geopolitical Risks, ING Says
Weekly Crude Inventories Unexpectedly Rise
Crude Oil Ticks up as Geopolitical Tensions Trigger Supply Concerns
Commodity Roundup: BMI Flags Downside Risks to Gold in 2025; Eyes on Ukraine-Russia War
Five Key Charts to Watch in Global Commodity Markets This Week
WTI Holds Steady Near $68.50, Renewed US Dollar Demand Might Cap Its Upside
Crude Oil Trades Stuck at $68 Level Ahead of API Stockpile Data
Oil Steadies Near November Lows With Outlook for Demand in Focus
Commodity Roundup: Gold Extends Decline Amid Prospects of Fewer Rate Cuts,
Crude Oil Tests Fresh Seven-day Low on Continued Concerns About Demand
OPEC+ has extended the duration of production cuts, the decrease in supply is helping the oil price bottom rebound.
The overall trend of crude oil is showing a volatile upward trend. The average price of WTI this week is $70.78 per barrel, up $1.75 per barrel, or 2.53%, from the previous week. During the week, the main factors boosting oil prices include: OPEC+ extending production cuts, hurricanes leading to a reduction in US oil production, and ongoing uncertainty in the Middle East geopolitical situation. The main factors putting pressure on oil prices include: EIA's increase in crude oil and petroleum product inventories.